Company / Cost of Revenue
HIGH WIRE NETWORKS, INC. Cost of Revenue History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$5.9M
FY2024
5-year range
$4.5M / $19.3M
FY2020-FY2024
Trend
+30.3%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue has fluctuated over the past 9 years, ranging from $820,503 in FY2016 to $29M in FY2018.
Based on SEC 10-K filings.
$6M in FY2024 with a 5-year CAGR of -23.4%.
Improved from $19M to $6M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -32.5%
- 5-Year CAGR
- -23.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -23.4%, indicating a declining trend.
- In FY2024, cost of revenue increased 30.3% year-over-year.
- Peak cost of revenue was recorded in FY2018.
- Lowest cost of revenue in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score -10.89 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $5.9M | +30.3% |
| FY2023 | $4.5M | -76.8% |
| FY2022 | $19.3M | +1.7% |
| FY2021 | $19.0M | +283.8% |
| FY2020 | $5.0M | -77.7% |
| FY2019 | $22.2M | -23.7% |
| FY2018 | $29.1M | +470.2% |
| FY2017 | $5.1M | +522.0% |
| FY2016 | $820.5K | - |
| FY2015 | - | - |
As of FY2024 · SEC Form 10-K · Last checked Jun 29, 2026